altitude internet digital marketing services limited
altitude internet digital marketing services limited Company Information
Company Number
08892963
Next Accounts
Dec 2025
Shareholders
daniel corby
jay drinkwater
View AllGroup Structure
View All
Industry
Advertising agencies
+1Registered Address
thremhall park start hill, bishop's stortford, CM22 7WE
altitude internet digital marketing services limited Estimated Valuation
Pomanda estimates the enterprise value of ALTITUDE INTERNET DIGITAL MARKETING SERVICES LIMITED at £398.2k based on a Turnover of £907.8k and 0.44x industry multiple (adjusted for size and gross margin).
altitude internet digital marketing services limited Estimated Valuation
Pomanda estimates the enterprise value of ALTITUDE INTERNET DIGITAL MARKETING SERVICES LIMITED at £0 based on an EBITDA of £-22.8k and a 2.84x industry multiple (adjusted for size and gross margin).
altitude internet digital marketing services limited Estimated Valuation
Pomanda estimates the enterprise value of ALTITUDE INTERNET DIGITAL MARKETING SERVICES LIMITED at £446k based on Net Assets of £227.8k and 1.96x industry multiple (adjusted for liquidity).
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Altitude Internet Digital Marketing Services Limited Overview
Altitude Internet Digital Marketing Services Limited is a live company located in bishop's stortford, CM22 7WE with a Companies House number of 08892963. It operates in the advertising agencies sector, SIC Code 73110. Founded in February 2014, it's largest shareholder is daniel corby with a 86% stake. Altitude Internet Digital Marketing Services Limited is a established, small sized company, Pomanda has estimated its turnover at £907.8k with declining growth in recent years.
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Altitude Internet Digital Marketing Services Limited Health Check
Pomanda's financial health check has awarded Altitude Internet Digital Marketing Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £907.8k, make it smaller than the average company (£5.2m)
- Altitude Internet Digital Marketing Services Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (12%)
- Altitude Internet Digital Marketing Services Limited
12% - Industry AVG
Production
with a gross margin of 48.5%, this company has a comparable cost of product (48.5%)
- Altitude Internet Digital Marketing Services Limited
48.5% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (6.3%)
- Altitude Internet Digital Marketing Services Limited
6.3% - Industry AVG
Employees
with 14 employees, this is below the industry average (25)
14 - Altitude Internet Digital Marketing Services Limited
25 - Industry AVG
Pay Structure
on an average salary of £63.5k, the company has an equivalent pay structure (£63.5k)
- Altitude Internet Digital Marketing Services Limited
£63.5k - Industry AVG
Efficiency
resulting in sales per employee of £64.8k, this is less efficient (£169.7k)
- Altitude Internet Digital Marketing Services Limited
£169.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (57 days)
- Altitude Internet Digital Marketing Services Limited
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Altitude Internet Digital Marketing Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Altitude Internet Digital Marketing Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (18 weeks)
19 weeks - Altitude Internet Digital Marketing Services Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.8%, this is a higher level of debt than the average (65.2%)
80.8% - Altitude Internet Digital Marketing Services Limited
65.2% - Industry AVG
ALTITUDE INTERNET DIGITAL MARKETING SERVICES LIMITED financials
Altitude Internet Digital Marketing Services Limited's latest turnover from March 2024 is estimated at £907.8 thousand and the company has net assets of £227.8 thousand. According to their latest financial statements, Altitude Internet Digital Marketing Services Limited has 14 employees and maintains cash reserves of £279 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,028,661 | 1,684,344 | 112,223 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||
| Cost Of Sales | 1,275,896 | 1,055,743 | 718,893 | |||||||
| Gross Profit | 752,765 | 628,601 | -606,670 | |||||||
| Admin Expenses | 554,541 | 538,262 | -679,126 | |||||||
| Operating Profit | 198,224 | 90,339 | 72,456 | |||||||
| Interest Payable | 0 | 27 | 52 | |||||||
| Interest Receivable | 82 | 0 | 0 | |||||||
| Pre-Tax Profit | 198,306 | 90,312 | 72,404 | |||||||
| Tax | 0 | 0 | -13,790 | |||||||
| Profit After Tax | 198,306 | 90,312 | 58,614 | |||||||
| Dividends Paid | 116,700 | 57,100 | 51,530 | |||||||
| Retained Profit | 81,606 | 33,212 | 7,084 | |||||||
| Employee Costs | 383,501 | 395,926 | ||||||||
| Number Of Employees | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 12 | ||
| EBITDA* | 198,224 | 90,339 | 72,456 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,330 | 4,580 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,330 | 4,580 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 714 | 9,905 | 288,000 | 640,000 | 0 | 0 | 0 | 72,554 | 53,102 | 189,585 |
| Group Debtors | 489,601 | 0 | 83,969 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 10,259 | 34,914 | 269,264 | 610,553 | 325,004 | 0 | 0 | 0 | 0 |
| Cash | 278,959 | 342,368 | 166,820 | 178,763 | 79,858 | 117,626 | 70,062 | 0 | 5,120 | 10,423 |
| misc current assets | 418,000 | 313,000 | 48,000 | 0 | 0 | 0 | 0 | 13,568 | 0 | 0 |
| total current assets | 1,187,274 | 675,532 | 621,703 | 1,088,027 | 690,411 | 442,630 | 70,062 | 86,122 | 58,222 | 200,008 |
| total assets | 1,187,274 | 675,532 | 621,703 | 1,088,027 | 690,411 | 442,630 | 70,062 | 86,122 | 60,552 | 204,588 |
| Bank overdraft | 0 | 0 | 0 | 6,035 | 0 | 0 | 19,263 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 48,000 | 8,813 | 29,371 | 0 | 83,594 | 208,798 | 258,571 |
| Group/Directors Accounts | 652,488 | 72,379 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 92,842 | 71,865 | 483,198 | 534,185 | 614,661 | 390,133 | 43,560 | 0 | 0 | 0 |
| total current liabilities | 745,330 | 144,244 | 483,198 | 588,220 | 623,474 | 419,504 | 62,823 | 83,594 | 208,798 | 258,571 |
| loans | 22,441 | 32,249 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 191,660 | 261,655 | 0 | 0 | 0 | 0 | 0 | 2,373 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 214,101 | 293,904 | 0 | 0 | 0 | 0 | 0 | 2,373 | 0 | 0 |
| total liabilities | 959,431 | 438,148 | 483,198 | 588,220 | 623,474 | 419,504 | 62,823 | 85,967 | 208,798 | 258,571 |
| net assets | 227,843 | 237,384 | 138,505 | 499,807 | 66,937 | 23,126 | 7,239 | 155 | -148,246 | -53,983 |
| total shareholders funds | 227,843 | 237,384 | 138,505 | 499,807 | 66,937 | 23,126 | 7,239 | 155 | -148,246 | -53,983 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 198,224 | 90,339 | 72,456 | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,606 | 2,286 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | -13,790 | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 470,151 | -386,719 | -502,381 | 298,711 | 285,549 | 325,004 | -72,554 | 19,452 | -136,483 | 189,585 |
| Creditors | 0 | 0 | -48,000 | 39,187 | -20,558 | 29,371 | -83,594 | -125,204 | -49,773 | 258,571 |
| Accruals and Deferred Income | 20,977 | -411,333 | -50,987 | -80,476 | 224,528 | 346,573 | 43,560 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 116,645 | 141,279 | 91,186 | |||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 580,109 | 72,379 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,808 | 32,249 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -69,995 | 261,655 | 0 | 0 | 0 | 0 | -2,373 | 2,373 | 0 | 0 |
| share issue | ||||||||||
| interest | 82 | -27 | -52 | |||||||
| cash flow from financing | -37,713 | -17,352 | -2,425 | |||||||
| cash and cash equivalents | ||||||||||
| cash | -63,409 | 175,548 | -11,943 | 98,905 | -37,768 | 47,564 | 70,062 | -5,120 | -5,303 | 10,423 |
| overdraft | 0 | 0 | -6,035 | 6,035 | 0 | -19,263 | 19,263 | 0 | 0 | 0 |
| change in cash | -63,409 | 175,548 | -5,908 | 92,870 | -37,768 | 66,827 | 50,799 | -5,120 | -5,303 | 10,423 |
altitude internet digital marketing services limited Credit Report and Business Information
Altitude Internet Digital Marketing Services Limited Competitor Analysis
Perform a competitor analysis for altitude internet digital marketing services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in CM22 area or any other competitors across 12 key performance metrics.
altitude internet digital marketing services limited Ownership
ALTITUDE INTERNET DIGITAL MARKETING SERVICES LIMITED group structure
Altitude Internet Digital Marketing Services Limited has 3 subsidiary companies.
Ultimate parent company
ALTITUDE INTERNET DIGITAL MARKETING SERVICES LIMITED
08892963
3 subsidiaries
altitude internet digital marketing services limited directors
Altitude Internet Digital Marketing Services Limited currently has 2 directors. The longest serving directors include Mr Daniel Corby (Mar 2021) and Mr Daniel Corby (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Corby | England | 54 years | Mar 2021 | - | Director |
| Mr Daniel Corby | England | 54 years | Mar 2021 | - | Director |
P&L
March 2024turnover
907.8k
-7%
operating profit
-22.8k
0%
gross margin
48.5%
+1.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
227.8k
-0.04%
total assets
1.2m
+0.76%
cash
279k
-0.19%
net assets
Total assets minus all liabilities
altitude internet digital marketing services limited company details
company number
08892963
Type
Private limited with Share Capital
industry
73110 - Advertising agencies
73120 - Media representation
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
regional internet technology limited (June 2016)
accountant
LTG HERTFORD LIMITED
auditor
-
address
thremhall park start hill, bishop's stortford, CM22 7WE
Bank
-
Legal Advisor
-
altitude internet digital marketing services limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to altitude internet digital marketing services limited.
altitude internet digital marketing services limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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altitude internet digital marketing services limited Companies House Filings - See Documents
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